Solow Growth Model | Part 4 | The Golden Rule | Intermediate Macroeconomics

The Golden Rule associated with the Solow Growth Model selects the savings rate that maximizes consumption in a steady state. I discuss this topic in detail and explain how to find the savings rate associated with the Golden Rule.
Chapters:
0:00 - What is the Golden Rule?
1:32 - Ruling Out Extreme Cases
5:47 - Finding the Golden Rule Capital
9:18 - Finding the Golden Rule Savings Rate
12:49 - Graphical Illustration of the Golden Rule
For prerequisites to this video, I recommend watching parts 1 through 3 of my Solow Growth Model series.
Part 1: Introduction and Solution
• Solow Growth Model | P...
Part 2: Finding the Steady State
• Solow Growth Model | P...
Part 3: Permanent Shock Analysis
• Solow Growth Model | P...

[@cathegurl]

This was extremely helpful as a last resort the night before my exam, thank you!

[@hazimkhaqanrana4875]

Thank you very much, for these insightful detail about the Golden rule. This saves so much time.

[@emperorpalpatine8418]

Thx for videos on Solow Growth, really helpful.

[@sospetersalvatory3499]

Well explained sir... thanks for your help 🙏🙏

[@Eric-ts1ur]

You are absolutely excellent! Much better than a professor at the University of Hong Kong.

[@dfdfgdfkih]

Hong Kong university student here! Learning in KZbin is much better than attending the lectures.... Spend two hours learning nothing ~_~

[@samuellachance8201]

Thanks a lot !

[@user-xo3id4et5x]

when I plug-in the solution for the capital into the solution for the savings rate, lo and behold, the Golden Rule Saving Rate = alpha

[@colossusofrhodes2088]

I'm failing this midterm lmao it's so over

[@raphjpm]

econ 100b?

[@colossusofrhodes2088]

@@raphjpm you know it lmao, i just took it that shit was ass